WD-40 was invented in San Diego, and its CEO Garry Ridge, is celebrating the product's 60th anniversary. Also, discussing the uncertainty in business, and whether WD-40 was hurt by the sequester. "If leadership was about taking away barriers, why would we continue to put barriers in our way," he says.

NEW YORK-- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:. Murphy Oil Corp., up $4.74 at $63.74. Murphy Oil is spinning off its retail gasoline business into a separate company to focus on oil exploration and production.

Among the stock activity stories for Tuesday, Oct. 16, from AP Business News:. _ Shares of WD-40 Co. fell after the maker of spray lubricant and cleaning products reported disappointing quarterly results and a sharp decline in sales to European customers.

SAN DIEGO-- WD-40 Co. said its fiscal fourth-quarter profit dropped 11.9 percent because sales in Europe slipped as customers delayed buying its lubricant and cleaning products. WD-40 makes its namesake spray lubricant, along with related cleaning products. WD-40 gets more than half of its sales in the Americas, and about one-third from Europe.